Alerzo Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Out of Business

  • Employees
  • 800

Employees

  • Latest Deal Type
  • Liquidation

Alerzo General Information

Description

Developer of a business management platform designed to transform how informal retail stores operate. The company's platform provides real-time market trends, customer feedback, consumer purchasing and logistics data, a marketplace for affordable goods, and a digital wallet for seamless payments, enabling retailers to streamline operations, reduce costs, and enhance profitability.

Contact Information

Website
www.alerzo.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Alerzo Place
  • Ring-Road, Challenge
  • Ibadan
  • Nigeria
+234 0201
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Financial Software
Vertical(s)
Corporate Office
  • Alerzo Place
  • Ring-Road, Challenge
  • Ibadan
  • Nigeria
+234 0201

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Alerzo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Bankruptcy: Liquidation 27-Feb-2026 Completed Bankruptcy: Liquidation
6. Early Stage VC 13-Sep-2024 Completed Generating Revenue
5. Early Stage VC (Series B2) 01-Jan-2022 Completed Generating Revenue
4. Early Stage VC (Series A) 28-Oct-2021 Completed Generating Revenue
3. Seed Round 01-Feb-2021 Completed Startup
2. Accelerator/Incubator 12-Jun-2020 $5.5M Completed Startup
1. Seed Round 01-Jan-2020 $5.5M $5.5M Completed Startup
To view Alerzo’s complete valuation and funding history, request access »

Alerzo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a business management platform designed to transform how informal retail stores operate. The company's plat
Business/Productivity Software
Ibadan, Nigeria
800 As of 2026

Lagos, Nigeria
 

Nairobi, Kenya
 
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Alerzo Competitors (3)

One of Alerzo’s 3 competitors is Omniretail, a Venture Capital-Backed company based in Lagos, Nigeria.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Omniretail Venture Capital-Backed Lagos, Nigeria
Wasoko Venture Capital-Backed Nairobi, Kenya
TradeDepot Venture Capital-Backed San Francisco, CA
You’re viewing 3 of 3 competitors. Get the full list »

Alerzo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Alerzo Acquisitions (1)

Alerzo’s most recent deal was a Merger/Acquisition with SHAGO. The deal was made on 15-Oct-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
SHAGO 15-Oct-2021 Merger/Acquisition Other Financial Services
To view Alerzo’s complete acquisitions history, request access »

Alerzo Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
SHAGO Lagos, Nigeria 2020

Alerzo FAQs

  • When was Alerzo founded?

    Alerzo was founded in 2020.

  • Where is Alerzo headquartered?

    Alerzo is headquartered in Ibadan, Nigeria.

  • What is the size of Alerzo?

    Alerzo has 800 total employees.

  • What industry is Alerzo in?

    Alerzo’s primary industry is Business/Productivity Software.

  • Is Alerzo a private or public company?

    Alerzo is a Private company.

  • What is Alerzo’s current revenue?

    The current revenue for Alerzo is .

  • How much funding has Alerzo raised over time?

    Alerzo has raised $20M.

  • Who are Alerzo’s competitors?

    Omniretail, Wasoko, and TradeDepot are competitors of Alerzo.

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